Thank you, Madam Chair. You look at the increase. There is quite a big increase in the line item from previous mains. We are looking at a $4.6 million increase, which is reallocation maintenance on Inuvik-Tuktoyaktuk highway because the winter road is no longer needed. There is an incremental increase for Highway No. 8. The huge part of this is the amortization adjustments for any of our highway assets. It's a surplus due to amortization expenses, which is lower in previous years because there's a delay in capital assets being pushed into service. There is quite a complex financial aspect in terms of how we recognize any of these assets and how we bring them into service. Are we bring them out of service? That all affects the amortization, otherwise known as depreciation in my time. Thank you, Madam Chair.
Diane Archie on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 2nd, 2021. See this statement in context.
Consideration In Committee Of The Whole Of Bills And Other Matters
Consideration In Committee Of The Whole Of Bills And Other Matters
March 2nd, 2021
Page 2253
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